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Before joining the fund he was joint chief operating officer of Merrill Lynch Investment Managers, the asset management arm of now-defunct investment bank Merrill Lynch.
Since joining the fund in 1994, Mr. Fischer has overseen the details of its most economically challenging and politically delicate rescue operations.
In SAC's defense, a person familiar with the firm pointed out that two of the employees charged with insider trading started their scheme before joining the fund and had admitted taking extraordinary steps to circumvent SAC's procedures while another was trading in his personal account.
For instance, the staff was concerned about a drop in the academic ability of children joining the fund's program, which they attributed to efforts to draw students from a wider variety of schools.
That's just a tiny fraction of Europe's research landscape and even most members of the consortium have not yet committed to joining the fund.
Its chief operating officer, Mark Neporent, was a work-out specialist and partner at law firm Schulte, Roth & Zabel before joining the fund.
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There may be a few things calming down pledge growth — such as increased competition in the crowdfunding space, with more and more rivals joining the fund-it-yourself party and vying for backers' pledges.
She said she would urge her clients to join the fund for the relative certainty of a payment.
Outside, he declared that he would not join the fund, which he called "selling yourself out cheap".
The list of companies that have joined the fund includes most of the big corporate names, DaimlerChrysler, Deutsche Bank, Siemens and Volkswagen.
He joined the fund in 1997, when it was only a few dozen traders; today, it has more than 1,000 employees.
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CEO of Professional Science Editing for Scientists @ prosciediting.com